Monday's sharp drop is a continuation of the ongoing losing streak in European stock markets, which has persisted for over a week. The STOXX 600 index saw a loss of more than 8 percent last week.

NEW YORK, April 23 (Xinhua) -- U.S. stocks extended gains on Wednesday, as U.S. President Donald Trump struck a more conciliatory tone on both Federal Reserve Chair Jerome Powell and tariffs on ...